Tennessee Awards $5.9M To Communities For Site Development Grants

Tennessee Will Be Sending $5.9 Million Across 10 Grants To Different Communities In The State To Prepare Sites For New Businesses.The Grants Are Designed To Be Used For Both Infrastructure And Engineering Work At Sites To Put Them On The State’s Select Tennessee List That It Promotes To Companies Looking To Move To The State.

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Tennessee Spent $81M On Site Development Grants Since 2016

Tennessee Has Spent More Than $81 Million On Its Site Development Grant Program To Help Pay To Get Rural Industrial Sites Prepared For Businesses Since The Program Began In 2016.

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TN ECD Planning $20.5M Purchase Of Coffee County Site For Development

The Tennessee Department Of Economic And Community Development Plans To Buy $20.5M Of Property In Coffee County Next Fiscal Year To Have A New 1,900-Acre Site For Development.

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TN Officials Approve $40M Incentive For LG Chem’s $3.2B Clarksville Facility

Tennessee Officials Approved A $40 Million Incentive Payment For LG Chem, Which Is Planning To Spend $3.2 Billion To Build A New Cathode Manufacturing Facility In Clarksville. The Facility Will Be The Largest Foreign Direct Investment In Tennessee’s History.

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Tennessee Economic Development Agency Wants $202.5M In Additional Funds Mainly For Incentives

Tennessee’s Department Of Economic And Community Development Asked For $202.5 Million In Additional Budget Outlays For Next Fiscal Year In Its Budget Request Meeting With Gov. Bill Lee And Staff.

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Georgia-Pacific To Receive $2.4M Incentive From TN For Paper Plate Plant

Tennessee Has Agreed To Give A $2.4 Million Incentive To Georgia-Pacific As It Creates A Dixie Paper Product Manufacturing Facility In Jackson.

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TNECD Announces New Projects, But Not Dollar Amount Of Taxpayer-Funded Incentives

This Week, Tennessee’s Funding Board Is Scheduled To Approve Incentives Of More Than $1 Million To Six Different Companies. But The Grant Amounts, Paid With Public Funds Through The Department Of Economic And Community Development’s FastTrack Grant Program, Have Not Been Announced Publicly.

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